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Saturday, June 17, 2017

State-by-State Estimates of the AHCA’s 2018 Rate Hikes and Age Tax

https://www.americanprogress.org/issues/healthcare/news/2017/06/15/434320/state-state-estimates-ahcas-2018-rate-hikes-age-tax/
"For example, the average 64-year-old West Virginian making an income of $26,500 in 2026 would pay a net premium of $22,400 per year under the AHCA, compared with just $1,700 per year under the ACA—a $20,700 increase in annual costs. The age tax would be much higher in states where health care costs are high. The ACA subsidies would ensure that a similar Alaskan would pay only $1,700 for coverage, but under the AHCA, that person would owe $49,070 toward coverage. Thus, the AHCA’s age tax in Alaska would be more than $47,000 per year."